{"id":5965,"date":"2023-10-17T18:11:51","date_gmt":"2023-10-17T18:11:51","guid":{"rendered":"https:\/\/northamericanmining.com\/?p=5965"},"modified":"2023-10-19T16:00:10","modified_gmt":"2023-10-19T16:00:10","slug":"cat-promotes-creed-to-coo","status":"publish","type":"post","link":"https:\/\/northamericanmining.com\/index.php\/2023\/10\/17\/cat-promotes-creed-to-coo\/","title":{"rendered":"Cat promotes Creed to COO"},"content":{"rendered":"
\"\"
Joseph E. Creed<\/em><\/figcaption><\/figure>\n\n\n

Caterpillar Inc. announced Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1. In this position, Creed will report to Jim Umpleby, chairman and chief executive officer.<\/p>\n\n\n\n

Reporting to Creed will be group presidents Tony Fassino of Construction Industries, Denise Johnson of Resource Industries and Bob De Lange of Services, Distribution and Digital. Creed\u2019s replacement as group president of Energy & Transportation will be named at a later date and will also report to the chief operating officer.<\/p>\n\n\n\n

\n

\u201cJoe\u2019s extensive financial experience across Caterpillar\u2019s engine and machine businesses, combined with his leadership of our Energy & Transportation segment, position him well for his new role,\u201d said Caterpillar Chairman and CEO Jim Umpleby. \u201cJoe will help lead the continued execution of our strategy for profitable growth and pursue the market opportunities associated with the energy transition and growing global energy demand.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Andrew Bonfield, chief financial officer, Suzette Long, chief legal officer and, upon her retirement, her successor Derek Owens, and Cheryl Johnson, chief human resources officer, will continue reporting to Umpleby.<\/p>\n\n\n\n

Creed joined Caterpillar in 1997 and has held numerous positions of increased responsibility across multiple divisions of Caterpillar. He was promoted to chief financial officer for Caterpillar\u2019s Energy & Transportation business segment in 2013, then to vice president of Caterpillar\u2019s Finance Services division in 2017. Creed also served as interim chief financial officer for Caterpillar in 2018. He then became vice president of the Oil & Gas and Marine division and the Electric Power division. In 2021, he was promoted to group president of Energy & Transportation.<\/p>\n\n\n\n

Creed graduated from Western Illinois University with a bachelor\u2019s degree in accounting. He completed Caterpillar\u2019s flagship executive leadership program conducted by Stanford University specifically for Caterpillar leaders, dealers and suppliers. He is a certified public accountant.<\/p>\n\n\n\n

Creed serves on the Western Illinois University President\u2019s National Advisory Council, is an executive board member of the Caterpillar Foundation, and is the executive sponsor of the Caterpillar Employee Resource Group known as ADEPT (Abled and Disabled Employees Partnering Together). He is also a member of the board and past chairman for Easterseals of Central Illinois.<\/p>\n","protected":false},"excerpt":{"rendered":"

Caterpillar Inc. announced Joseph E. Creed, group president of Energy & Transportation, has been appointed to the newly created position of chief operating officer, effective Nov. 1. In this position, Creed will report to Jim Umpleby, chairman and chief executive officer. Reporting to Creed will be group presidents Tony Fassino of Construction Industries, Denise Johnson of Resource Industries and Bob…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[40,2411,2412,604],"coauthors":[1644],"class_list":["post-5965","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-caterpillar","tag-energy-transition","tag-global-energy-demand","tag-leadership"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t